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News Breaks | | | | January 3, 2013 | | 09:10 EDT |  | BIIB, MLNX, LTD, KSS, SPWR, TGT, JWN, ROST, FDO, GPS | On The Fly: Pre-market Movers
HIGHER AFTER SSS REPORTS: Ross Stores (ROST), up 5.1%... Nordstrom (JWN), up 3.5%... Target (TGT), up 2.9%... ALSO HIGHER: Gap (GPS), up 4% after report of December SSS up 5%, along with $1B stock-buyback plan and deal to buy Intermix for $130M... SunPower (SPWR), up 15.5% after upgrade to Buy at Lazard Capital... LOWER AFTER EARNINGS: Family Dollar (FDO), down 9.6%... LOWER AFTER SSS REPORTS: Limited (LTD), down 5%... Kohl's (KSS), down 2.4%... ALSO LOWER: Melanox (MLNX), down 18.6% after Q4 revenue warning prompts numerous price target cuts around Street... Biogen Idec (BIIB), down 5.4% after ALS drug misses endpoint, development discontinued. | |
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News For GPS;FDO;ROST;JWN;TGT;SPWR;KSS;LTD;MLNX;BIIB From The Last 14 Days Check below for free stories on GPS;FDO;ROST;JWN;TGT;SPWR;KSS;LTD;MLNX;BIIB the last two weeks. |
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| June 19, 2013 | | 16:22 EDT |  | LTD | L Brands initiated with an Underperform at Oppenheimer
 Subscribe for More Information | | | 16:21 EDT | | GPS | Gap re-initiated with a Perform at Oppenheimer
Subscribe for More Information | | | June 18, 2013 | | 09:15 EDT |  | SPWR | China to generate more heat using solar energy, China Daily says
Subscribe for More Information | | | June 17, 2013 | | 08:54 EDT |  | BIIB | Biogen weekly MS drug scripts up 39%, says Citigroup
Subscribe for More Information | | | 08:41 EDT | | MLNX | Mellanox to demonstrate InfiniBand connectivity with NVIDIA Tegra processor
Subscribe for More Information | | | 07:50 EDT | | ROST | Ross Stores recommended on pullbacks at Morgan Stanley
Subscribe for More Information | | | 07:23 EDT |  | KSS | Jefferies to host a conference
Subscribe for More Information | | | June 15, 2013 | | 15:50 EDT | | SPWR | China to boost solar industry with easier financing, Bloomberg says
Subscribe for More Information | | | June 14, 2013 | | 07:35 EDT | | JWN, TGT | Sears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link | | | 07:21 EDT | | TGT | Clinton Global Initiative to host to host a meeting
Subscribe for More Information | | | | June 13, 2013 | | 15:18 EDT | | LTD | L Brands management to meet with ISI Group
Field trip to company headquarters to be held in Columbus, OH on June 18 hosted by ISI Group. | | | 10:05 EDT |  | ROST | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:30 EDT | | TGT | Clinton Global Initiative to host to host a meeting
Subscribe for More Information | | | 09:12 EDT | | ROST | Ross Stores upgraded at Sterne Agee
Subscribe for More Information | | | 07:59 EDT | | LTD | L Brands risk/reward remains compelling, says RW Baird
Baird believes the risk/reward for L brands remains compelling citing international potential, expectations for margin expansion, and consistent execution. Shares are Outperform rated with a $58 price target. | | | 06:26 EDT | | SPWR | IHS: Europe solar installations to fall to 11.6GW in 2013, DigiTimes says
Europe solar installations are expected to fall by more than 6GW in 2013, reports DigiTimes, citing IHS. Anti-dumping duties on China-made modules is expected to cause 1.3GW of that decline. Reference Link | | | 06:07 EDT | | ROST | Ross Stores upgraded to Buy from Neutral at Sterne Agee
Price target is $75. | | | June 12, 2013 | | 17:12 EDT | | TGT | Target shareholders do not approve proposal for independent chairman
Subscribe for More Information | | | 16:20 EDT |  | BIIB | On The Fly: Closing Wrap
Stocks on Wall Street were lower despite opening sharply higher as the market looked to avoid its first three day losing streak of the year. Downside momentum quickly took hold however, and the averages moved steadily lower through the session, moving to their lows in the final hour of trading but finishing just off those levels. ECONOMIC EVENTS: In the U.S., the MBA's purchase applications composite index rose 5.0% for the week. The U.S. posted a $139B May budget deficit against expectations for a $130B deficit, and compared to a $124.6B deficit a year ago. In Europe, factory production in the 17-nation euro area rose 0.4% in April from March, compared to expectations for it to remain unchanged. COMPANY NEWS: Cooper Tire (CTB) agreed to be acquired by India's Apollo Tyres for $35.00 per share in cash, or $2.5B. Cooper shares surged $10.10, or 41.12%, to $34.66 to trade near $34.50 following the deal announcement, while peer Goodyear Tire (GT) advanced about 33c, or 2.26%, to $14.93... Live Nation (LYV) shares gained $2.33, or 16.84%, to $16.17 after the company announced it prevailed in an arbitration ruling related to a ticketing license software agreement... MAJOR MOVERS: Among the notable gainers was Ulta Salon (ULTA), up $12.51, or 14.87%, to $96.64 following its quarterly earnings report. Also higher was Health Management (HMA), up $1.58, or 11.34%, to $15.51 after Glenview Capital said in a filing it is seeking to repeal a provision that prevents entities from holding more than 15% of the company's stock and saying it would look to nominate candidates to the company's board. Among noteworthy losers was Biogen (BIIB), down $16.48, or 7.39%, to $206.55 after the stock was downgraded to Neutral from Buy at Citigroup, which cited concerns that EU medical regulators are unlikely to approve the company's multiple sclerosis treatment. Also lower were U.S.-listed shares of Vodafone (VOD), down 71c, or 2.47%, to $28.12 after the company confirmed it approached Kabel Deutschland about a possible deal. INDICES: The Dow was down 126.79, or 0.84%, to 14,995.23; the S&P 500 was down 13.61, or 0.84%, to 1,612.52; the Nasdaq was down 36.52, or 1.06%, to 3,400.43. | | | 13:09 EDT | | SPWR | IHS still expects solar installations to grow by at least 10% this year
European photovoltaic installations are forecast to fall by more than 6 gigawatts, or GW, in 2013, with 1.3 GW of this decline attributed to incoming EU anti-dumping duties on Chinese modules according to a recently released analysis from IHS, the firm disclosed yesterday. Despite this dramatic fall, IHS still predicts global installations will grow at a double-digit rate to 35 GW in 2013 driven by a surge in demand in Asia. In its latest quarterly analysis on global photovoltaic installation demand, IHS cut has cut its forecast for the second half of 2013 in Europe by more than 1.3 GW, citing the anti-dumping tariffs that came into force on June 6. As a result of these duties, and several other factors, including changes to incentive systems, IHS predicts total European PV installations will fall to 11.6 GW in 2013, down 33 percent from 17.7 GW in 2012.Reference Link | | |
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